Archive News

March, 2020
Date	Headline	Image
Tue24Mar	V-TIC Insight: VLSFO Lessons from the Covid-19 Response "I find many parallels in how the fuel community is dealing with the challenges of the new fuels and how the global community is dealing with the virus."
Tue24Mar	More Crude Gains As Media Begins To Focus On Economic Rebuilding, Virus Treatments However, oil experts maintain their gloomy outlook.
Tue24Mar	Loss of Demand Leaves 0.5% in Tanks: Market Sources While trading activity drops between 15-30% over more normal market conditions.
Tue24Mar	Containerships Completed Scrubber Retrofits by Mid-February The remaining 58 vessels in its fleet have switched to low-sulfur fuels to comply with IMO 2020.
Tue24Mar	Run Rates cut at Exxon Refineries Company's plants experience weakening demand for gasoline and other oil products.
Tue24Mar	'All Sectors' of Port of Rotterdam Remain Operational The authority may yet decide to "impose restrictions on which ships are and aren't allowed to enter the port area" if needed, it said.
Tue24Mar	INTERVIEW: Robin Meech Talks Bunker Demand Outlook to 2030 Bunker industry veteran and former IBIA chairman sees demand returning to 2019 levels in 2024.
Mon23Mar	Relief for Crude Prices On Monday, But Experts Dismiss It As Temporary However, further U.S. government stimulus could support prices.
Mon23Mar	Scrubber Advocates Shift Focus to Environmental Case as HSFO Discount Narrows The VLSFO-HSFO spread at Rotterdam narrowed to $48/mt on Friday, down from $298/mt at the end of last year.
Mon23Mar	Shell Trims Operating Costs in Covid-19 Response Company is "prepared to take further strategic decisions and consider changes to the overall financial framework as necessary".
Mon23Mar	US Refineries See Reduced Working on Covid-19 Impacts Non-essential works being pushed back, staff urged to work from home.
Mon23Mar	Hapag-Lloyd Saw 0.6% Slip in Bunker Consumption in 2019 High sulfur fuel oil consumption dropped by 4.8% to 3.658 million mt, while low sulfur bunker consumption surged by 27.7% to 718,066 mt.
Mon23Mar	Singapore Issues Covid-19 Guidance for Service Providers Advisory for shore personnel and ship crew visiting or working onboard vessels alongside wharves, in shipyards and at anchorages.
Mon23Mar	Panama Bunker Sales Gain 18.5% on Year in February Total sales jumped by 18.5% from a year earlier to 436,066 mt last month.
Mon23Mar	Taiwan to Introduce Universal 0.50% Sulfur Bunker Limit From July Taiwan will source its very low sulfur fuel oil from producers CNPC and Formosa Plastics.
Mon23Mar	Wallenius Wilhelmsen Cancels Scrubber Installations to Cut Costs The company has withdrawn a proposal for a dividend to shareholders for 2019, and is planning to recycle four ships and place up to ten more in cold layup.
Mon23Mar	FEATURE: IMO Reports Show Sharp Drop in VLSFO Shortages Just six FONARs were filed to the IMO in February, down from 41 in January.
Fri20Mar	Coronavirus Panic Causes More Crude Losses As Analysts Readjust Downward Demand Forecasts Vitol thinks there's no limit to bearish sentiment.
Fri20Mar	Argentina Bunker Sales May Halt on Customs Office Closure: Source Refineries in the country are stopping offering very low sulfur fuel oil and marine gasoil as of Friday.
Fri20Mar	Houston Terminals Reopen After Coronavirus Shutdown Houston's Barbours Cut and Bayport container terminals suspended operations Thursday after an employee tested positive for COVID-19.

Showing 41-60 of 176 articles from March, 2020

Nov 27

1BUNKER JOBS: BP Seeks Bunker Buyer in Singapore

The company is looking for candidates with shipping industry experience and strong negotiation skills.
Nov 26

2Peninsula Expands Physical Supply Footprint to Houston

The company has hired Mike Parrent, formerly marketing manager for Bomin before its acquisition by Minerva Bunkering earlier this year, as its new physical desk manager in Houston.
Nov 21

3Bunker Holding Announces Management Shake-Up

CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer.
Nov 26

4Algoa Bay Bunkering Restart Date Uncertain After SARS Updates Rules

A resumption of bunkering at South Africa's former largest bunkering location remains uncertain despite new rules coming into force this week, a local source tells Ship & Bunker.
Nov 26

5Bitoil Group Hires Bunker Trader in Cyprus

The new hire previously worked as a bunker trader for IBT Bunkering & Trading in Hamburg.

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